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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen7/28/2016 9:44:55 AM
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Android Handset Makers’ Advance Squeezes Apple

SEOUL—Earnings reports from the world’s top smartphone makers this week highlight how fortunes are diverging in the mobile-phone market as competition intensifies.

For Samsung Electronics Co., the world’s biggest handset maker by shipments, smartphone sales have roared back to life after several years of struggles, fueling a 56% jump in mobile-division earnings and pushing profit margins back to their highest levels since 2013.

The South Korean technology giant’s earnings report on Thursday added more evidence of the tough competition that Apple Inc. faces as it prepares to introduce the latest refresh of its iPhone later this year.

Earlier this week, China’s Huawei Technologies Co., which ranks just behind Apple as the world’s No. 3 smartphone maker by volume, said that it was on pace to sell 140 million smartphones this year, a target that is 30% higher than a year earlier.

wsj.com
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